Business

Urban Outfitters finds itself at the center of controversy after selling T-shirts with a pocket patch that the Anti Defamation League says resembles the yellow Star of David Jews were forced to wear under Nazi regimes during the Holocaust.

“We find this use of symbolism to be extremely distasteful and offensive, and we are outraged that your company would make this product available to your customers,” writes Philadelphia regional ADL director Barry Morrison, in a letter to Richard A. Hayne, who is the chairman and chief executive of Urban Outfitters.

The “Kellogg Tee,” as the shirt is called, is from a Danish label called Wood Wood and was on sale on Urban Outfitters’ site for $100. The patch in question is a blue, six-pointed star on a yellow

Sands China Ltd., the majority-held Asian subsidiary of the Las Vegas Sands Corporation, a global integrated resort developer headed by casino and hotel magnate Sheldon Adelson, has opened doors to its new casino and resort in Macau, a special administrative region, and casino hub, located in Southern China. A more than $4 billion project, the nascent Sands Cotai Central represents Adelson’s corporation’s fourth holding in the region, and the first to be installed in Macau this year.

Mark Zuckerberg, the billionaire head of Facebook, made two moves this past week that gave his supremely popular website even more publicity than it usually gets.

In his first attention-getting action, Zuckerberg decided that Facebook will utilize the NASDAQ Stock Exchange – rather than the New York Stock Exchange – to list its shares when it goes public with its initial public offering next month. The social networking site will list its shares under the ticker symbol ‘FB.” While some major

Teva Pharmaceuticals catapulted itself to global success by entering the generic drug market and aggressively pursuing mergers and acquisitions, overcoming the Arab League’s boycott of Israeli-manufactured products along the way. Now, the company braces for a new era under incoming CEO Jeremy Levin.

Teva Pharmaceutical Industries Ltd. has a nose for drug development—beyond its country of origin.

In March, the Israeli company announced that the U.S. Food and Drug Administration (FDA) approved

Every year, in the frenzied hours leading up to the start of the Passover festival, rabbis become businessmen and take charge of selling chametz (leaven) from their congregations to a non-Jew. The purchaser is an individual who is trusted by the rabbis to treat the goods with respect and then to sell them back after the holiday.

Who wouldn’t trust Warren Buffett, the world’s third richest man? Rabbi Jonathan Gross of the Beth Israel Synagogue in Omaha, where